Overview
What is 282 Harbor Drive Corp?
282 Harbor Drive Corp is a corporation established with a specific purpose: to acquire property in Oceanside, California, and manage the income generated from this property. The income collected is then remitted to its shareholder, which happens to be a pension plan. This corporation's mission is straightforward, focusing solely on real estate acquisition and income management for the pension plan's benefit.
Is 282 Harbor Drive Corp legitimate?
282 Harbor Drive Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. 282 Harbor Drive Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of 282 Harbor Drive Corp?
The mission of 282 Harbor Drive Corp is centered around acquiring and holding title to a property, specifically located in an unspecified area. The primary objective of this corporation is to collect and subsequently remit the income generated from this property to its shareholder, which is a pension plan. Essentially, the corporation exists to manage this property for the benefit of the pension plan, generating an income stream from it.
Who is the CEO of 282 Harbor Drive Corp?
Victor Kwok is the Director of 282 Harbor Drive Corp.
What is the revenue of 282 Harbor Drive Corp?
282 Harbor Drive Corp's revenue in 2022 was $848,631.
Who are the executives of 282 Harbor Drive Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for 282 Harbor Drive Corp?
282 Harbor Drive Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 282 Harbor Drive Corp
282 Harbor Drive Corp, as a corporation, was established with a specific purpose. Its mission is centered around acquiring and holding title to a property, located in Oceanside, California. This corporation, however, is unique as its shareholder is a pension plan. The primary function of 282 Harbor Drive Corp is to collect income generated from the property and subsequently remit it to this pension plan. This structure allows the pension plan to benefit financially, thereby securing the retirement savings of its beneficiaries.
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Impact
October, 2024
282 Harbor Drive Corp has a significant impact on real estate management and investor support within the Oceanside, CA area. By acquiring and holding property, it plays a crucial role in the local real estate market, contributing to community improvement and stability. The corporation focuses on collecting income from these properties and remitting it to the shareholders, specifically a pension plan, which underscores its commitment to financial sustainability and support for retirees. This activity not only enhances property value in the community but also provides essential financial resources to the stakeholders involved, promoting economic security. Through its operations, 282 Harbor Drive Corp helps foster a stable and improving local environment in Oceanside while ensuring that income generated contributes positively to the financial well-being of pension plan beneficiaries.
This information is meant to be a general summary of 282 Harbor Drive Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $90
- Gross Receipts: $1,569,729
Assets and Liabilities:
- Total Assets: $8,259,554
- Total Liabilities: $126,345
- Net Assets: $8,133,209
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Organization Details
Founding Year
2012
Phone
(650) 343-6333Principal Officer
Victor Kwok
Main Address
2025 PIONEER CT, SAN MATEO, CA, 94403
NTEE Category
Code: S47 - Community improvement
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